—ITMA ASIA + CITME 2014 Preview ( II )

To be held from 16 to 20 June 2014 at the Shanghai New International Expo Centre, ITMA ASIA + CITME 2014 will gross 152 200 square meters in 13 halls, 15 percent larger than the last edition in 2012. To-date, the event has attracted the participation of 1 351 textile machinery manufacturers from 27 countries and regions. Manufacturers desire to show their innovative technology and products on the leading-edge business platform.

According to statistics from the General Administration of Customs, China’s exports of textiles and garments amounted to US$26 billion in 2013. This is an increase of 7% over the same period last year. 2013 German textile machinery and accessories worth roundabout 1 billion Euro have been shipped to China, even excluding the machinery produced by German companies in China itself that reach nearly 1 billion Euros per year. Nowadays China is the most important export market for the Italian textile machinery industry, with a share of 20% on the total Italian export. In 2013 the Italian exports to the Chinese market reached a value of 327 million Euro. In the first quarter of 2014, Swiss textile machines with a value of 32.6 million Euro were exported to China. This is a plus of 18.5% compared to the first quarter of 2013.

As a supporting media of ITMA ASIA + CITME, China Textile Leader will keep our readers informed of latest developments of textile technology through preview and review in our special feature.